Estimate how your IRA could grow over time based on your current balance, annual contributions, expected return, and years until retirement. This free IRA calculator helps project future value, total contributions, investment growth, and a simple retirement income estimate.
Enter your information and click Calculate to estimate your future IRA balance.
This IRA calculator estimates how an individual retirement account may grow over time based on your current balance, annual contributions, expected annual return, and the number of years until retirement.
It allows you to model either a traditional IRA or Roth IRA for general planning purposes. The results show projected ending balance, total contributions, investment growth, inflation-adjusted value, and a simple first-year retirement income estimate using a 4% withdrawal guideline.
This calculator projects IRA growth by applying compound growth each year to your current balance and adding annual contributions over time.
The simplified yearly model is:
Ending Balance = (Starting Balance + Annual Contribution) × (1 + Annual Return)
This process repeats for each year until retirement. If contribution growth is entered, the annual contribution increases each year by the specified percentage.
Regular yearly contributions can make a major difference over time, especially when they have many years to compound.
Time is one of the biggest drivers of retirement growth. Starting sooner often matters as much as contributing more.
A moderate long-term estimate often gives a more useful planning result than an overly optimistic return assumption.
Inflation reduces future purchasing power, so the inflation-adjusted result can help you plan more realistically.
A traditional IRA and Roth IRA differ mainly in how taxes are handled. This calculator is for general growth planning and does not model detailed tax outcomes.
No. This version is a general planning tool and does not automatically apply annual contribution caps, catch-up rules, or income-based eligibility restrictions.
It is a rough estimate of what the account might support in the first year of retirement using a 4% withdrawal guideline. It is only a planning reference.
Yes. This calculator includes a contribution growth field so you can estimate the effect of raising contributions over time.